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The Gig Economy
Virginia Zielinski is a CPA and an alumni from Walsh College where she has earned two master degrees: a MAC and an MST.
Virginia has been employed for the past 11 years as the staff accountant at St. Mary Parish in Milford.
She has also worked for four tax seasons at R.J. Miller, PC in Highland where she discovered her professional interest in taxation. Virginia particularly enjoys working with tax clients and educating them about their unique tax situations
Outside of work, Virginia loves music, theater, gardening and especially traveling with her husband and three daughters. Her favorite quote is: "The quality of your habits, is the quality of your life." (Rachel Hollis)
History of the Gig Economy
1915 - "gigs" - coined by jazz musicians
1940's - Kelly Services
1995 - 10% of Americans work in alternate employment
2008 - Airbnb created - first app
2010 - Uber created - use of smartphone
If you find this interesting, you may want to check out this really interesting infographic published by Business 2 Community called The History and Future of the Gig Economy. Make sure to enlarge it so you don't miss any of the good stuff.
New Gig Old Rules
Four Sectors of a Gig Economy
Transportation services - ridesharing, delivering, and moving services (Uber, Lyft, DoorDash, Grubhub)
Non-transport service work - repair services, dog walking (TaskRabbit, Wag!)
Selling activities - novelty items, crafts (Etsy, Craigslist)
Leasing services - short-term rentals, home sharing, and renting parking spaces (Airbnb, VRBO)
Ideas for Reform
The existing tax system works but there are complexities.
There has been a call for tax reform.
There is a need for education as well.
A multi-faceted approach will help ensure a dynamic gig economy.
Web: Improving-the-Federal-Tax-System-for-Gig-Economy-Participants-PDF.pdf
Web: Article: Gig Economy Tax Issues
Click Improving-the-Federal-Tax-System-for-Gig-Economy-Participants-PDF.pdf link to view the file.
IRS--- https://www.irs.gov/businesses/gig-economy-tax-center
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